Iraqi Dinar
(IQD) Insights
Currency of OPEC oil-giant; economy almost entirely oil-dependent (~90% of budget); reconstruction economy post-2003 war; CBI manages USD sales to stabilise IQD; some regional trade in IQD
Live Data Feed
IQD Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Iraqi Dinar.
IQD
Standardized ISO 4217 Currency Code
ع.د
Unicode Glyphs & Display Symbol
1/1000 = Fils Decimals
Subdivision unit definition
Iraq
Central Bank of Iraq (CBI)
Central Bank of Iraq (CBI)
US Dollar (USD) – managed peg
Market-determined exchange rate mechanism
Currency Standard: Fiat (USD-managed)
Classified as Fiat (USD-managed) in global trade networks
Banknotes
IQD 250
Coins
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Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Iraqi Dinar, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of Iraq (CBI).
IQD Market Insights
Deep-dive analysis of the Iraqi Dinar's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (managed); cheaper imports (food, medicine – heavily imported)
Weak Currency Impact
N/A (managed); CBI USD auction mechanism defends rate
Remittance Role
Iraq receives some remittances from diaspora; also significant outflow to neighbouring countries from oil sector workers
Central Bank Tools
USD Currency Auctions, Reserve Requirements, Interest Rates
Common Questions About Iraqi Dinar
Everything you need to know about IQD exchange rates, banknotes, and historical significance.